Answer:
Distance from the moon is 2.4 × 10⁵ miles
Step-by-step explanation:
Length of 1-inch paperclip = miles
Number of paperclips used to reach the moon = 1.5 × 10¹⁰
Total distance from the moon = Number of paper clips used × Length of one clip
= (1.5 × 10¹⁰) × (1.6 × 10⁻5)
= (1.5 × 1.6) (10¹⁰× 10⁻⁵)
= 2.4 × 10⁽¹⁰⁻⁵⁾ miles
= 2.4 × 10⁵ miles
Distance from the moon is 2.4 × 10⁵ miles.
9514 1404 393
Answer:
3.65% monthly
Step-by-step explanation:
The same amount is invested for the same period in all accounts, so we only need to determine the effective annual rate in order to compare the accounts.
For compounding annual rate r n times per year, the effective annual rate is ...
(1 +r/n)^n -1
For the same rate r, larger values of n cause effective rate to be higher. As a consequence, we know that 3.65% compounded quarterly will not have as great a yield as 3.65% compounded monthly. The effective rate for the monthly compounding is ...
(1 +0.0365/12)^12 -1 = 3.712%
The effective rate for continuous compounding is ...
e^r -1
For a continuously compounded rate of 3.6%, the effective annual rate is ...
e^0.036 -1 = 3.666%
This tells us the best yield is in the account bearing 3.65% compounded monthly.
_____
If i is the effective annual rate of interest as computed by the methods above, then the 10-year account balance will be ...
10000×(1 +i)^10
This is the formula used in the spreadsheet to calculate the balances shown.
Answer:
A.
Step-by-step explanation:
See attached file :)
Hope this helps
All the love, Ya boi Fraser
